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Egypt nears deal with IMF after staff-level agreement

Egypt’s finance minister reportedly said that his country has finalised a staff-level agreement with the international monetary fund (IMF) on the components of its...

Egypt’s headline inflation quickens to 1.6% in September

Egypt’s annual urban consumer inflation accelerated to 1.6% year-on-year in September, the fastest in almost four years signaling that consumers in the North African...

Egypt reportedly backing flexible pound amid devaluation calls and IMF talks

Egypt is now backing a more flexible currency to support its economy, a top-level government official said Tuesday, as the Arab world’s most populous...

Egypt needs progress on fiscal and structural reform, says IMF

The International Monetary Fund (IMF) said Tuesday that Egyptian authorities need to make “decisive progress” on fiscal and structural reform as well as foster...

IMF calls talks with Egyptian authorities on new program “productive”

The International Monetary Fund (IMF) said that it held productive discussions during a staff visit to Egypt on economic policies and reforms to be...